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20121202
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
-pays for those who can afford it. donald trump may need medication but he certainly doesn't need the government to pay for it. debt ceiling talks in the summer of 2011 geithner again ruled that out. >> not as part of a process to reduce the deficit the others face. >> republicans don't like owning reform either. this was tom cole on sunday. >> only obama can fix entitlements. democrat versus democrat fight over entitlement which mirrors their fighting over taxes. a response to an argument that was starting before former adviser steve ratner and minnesota democratic congressman keith ellison with near glee. there is no real choice about that. we're clear social security is off the table. this is, to me, the much more interesting debate between tom and dan. >> you want republicans arguing. both sides are also battling for control of the debt ceiling which may represent the republicans' greatest point of leverage in these budget talks. goo the speaker of the house says that's a nonstarter. >> silliness. congress will never give up the power. i've made it clear to the president. we need cuts in ref
to the federal government without raising tax rates. >> the white house says they are not counteroffering until the gop publicly, fully budges on tax rates. for the second day in a row speaking to ceos of the business round table the president floated the possibility of a compromise that sets the top rate lower than 39.6%. >> we've seen some movement over the last several days among some republicans. i think there is a recognition that maybe they can accept some rate increases as long as it's combined with serious entitlement reform and additional spending cuts. >> "the washington post" reports today that republican centrists and even some conservatives are calling on boehner to concede on rates now while he still has some leverage to demand something in return. the post also has an interesting nugget from a guy at the helm of the tax writing, house ways and means committee. dave camp said this to "the post." quote, he was reluctant to draft such a plan to compromise on a tax rate above 35% but below 39.2% unless the white house agreed to a tax revenue target well below the $1.6 trillion obama
of a surprise report. jobs turned out to be up up. the jobless rate is down and the word from the government is that sandy had no substantive effect on the data. here are the numbers. unemployment down to 7.7%. the economy added 146,000 jobs, not great but good. a third of that came from the retail sector. 53,000 jobs added. professional and business services up 43,000. leisure and hospitality up. construction, though, lost 20,000 jobs. we should note that jobs numbers were revise d downward, though, for september and october. in september it was revised from 148,000 gain to 238,000. went from 138,000 to 132,000. this month, the 7.7 is a full point lower than where we were at this time last year. so what are we supposed to make of these numbers and does the november report provide us a real sense of where this recovery is right now? let's bring in the man we like to bring in every month, the chief economist for moody's analytics. mark, i have to start with this sandy impact. the labor department specifically put out a statement saying our survey response rates and the affects ee eed states.
, there will be consequences and you will be held accountable. >> u.s. officials tell nbc news that syria's government has ordered the chemical sites to be, quote, prepared. sparking fears that they could be getting ready to mix a deadly nerve gas. so the direct warnings president obama and secretary of state hillary clinton delivered to syria come as that country's ally, russia, signals that the use of chemical weapons is a red line for their own support for syria. joining me now is nbc's chief pentagon correspondent jim jim miklaszewski. a speech that really didn't have anything having to do with what syria, clearly there's intelligence on the ground that has u.s. officials concerned. >> reporter: that's right, chuck. all the latest intelligence indicates that the u.s., nato, and particularly the syrian people are really staring the worst case scenario directly in the face. just about the time rebel forces started to make significant advances in the capital da m damascus, u.s. officials tell nbc news that the assad regime informed its chemical weapons corps to get prepared. and just about that time, u.s
eight days of running the federal government. so i think what we need to do 0 is keep the american people engaged. keep them focused on the issue and look at the spending, look at the reforms. >> i understand, but is it worth going over this fiscal cliff to do that or at this point let's just pure politics here, take away the president's best leverage. >> well, there again, you can't get to a workable long-term solution until you agree to address spending in the near term and the long term and until you address the two trust funds which are medicare and entitlements. the largest of which is medicaid. there are lots of bills and plans and approaches that have been presented over the last several years. >> i understand that. i want to read a quote from somebody you are familiar with. the ceo of fedex. this is what he said about tax rates. a lot of mythology in washington that it's small business that creates all the jobs in the united states and if you raise the rates on the top 2%, you'll kill jobs. the vast majority are produced by capital investment in equipment and software. that
Search Results 0 to 5 of about 6 (some duplicates have been removed)